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Patty Ploykrachang

pattysrealestate1@gmail.com +1(201) 989-4632

$ 975,000

Est. payment -/mo

Save

Active

65 Grove St Bloomfield Twp., NJ 07003

8 Beds

5 Baths

29,997 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 29,997 sqft

Price per Sqft $32

MLS Listing ID 4001870

Style 3-Three Story, Under/Over

Bedrooms 8

Full Baths 5

Annual Tax Amount $15,711

Tax Year 2024

Lot Size 3,484 Sqft

Property Description

Exceptional cash-flow opportunity in the heart of Bloomfield! This well-maintained three-family property at 65 Grove Street is a rare find for investors and owner-occupants alike. Featuring a private off-street parking lot for 4+ cars an enormous value-add in this area this property is designed to attract and retain long-term tenants while maximizing rental income. Each unit offers strong layouts, and the home has seen numerous updates throughout, minimizing immediate capital expenses and making this a true turnkey investment. The finished basement adds significant bonus value, thoughtfully divided into two separate sections, each with its own full bathroom, offering flexible use options such as tenant storage or recreation space.The first-floor unit is vacant, creating a perfect opportunity for an owner-occupant to live in one unit while collecting rental income from the others, or for an investor to set market rent immediately and further increase cash flow. With stable demand in Bloomfield, proximity to transportation, shopping, dining, and commuter routes, this property checks every box for a high-performing multifamily asset. Whether you're looking to house-hack or add a strong cash-flowing property to your portfolio, 65 Grove Street delivers on location, income potential, and long-term upside. First floor: 3 beds 1 bath Second Floor: 3 beds 1 bath Third floor: 2 bed 1 bath

Location

State NJ

County Essex

Rooms

Basement Finished, Full, Walkout

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story, Under/Over

Others

Senior Community No

Listed by EXP REALTY, LLC

SCHOOLSPROPERTIES

Elementary Schools 20

10

North Star Academy Charter Schools of Newark

Public | KG - 12
9

Maria Varisco Rogers Charter School

Public | KG - 8
8

Ridgewood Avenue School

Public | 3 - 6
8

Robert Treat Academy Charter School

Public | KG - 8
7

Hillside Elementary School

Public | 3 - 5
7

Pride Academy Charter School

Public | 5 - 8
6

Lincoln Avenue Elementary School

Public | PK - 7
6

Rosa Parks Community School

Public | PK - 7
6

J. Garfield Jackson Sr. Academy

Public | KG - 5
6

Charles H. Bullock School

Public | KG - 5
6

Carteret Elementary School

Public | PK - 6
6

Franklin Elementary School

Public | PK - 6
6

First Avenue Elementary School

Public | PK - 8
6

Branch Brook Elementary School

Public | PK - 4
6

Belleville Ps10

Public | KG - 6
6

Park Elementary School

Public | PK - 8
6

The Gray Charter School

Public | KG - 8
5

Edison Middle School

Public | 6 - 6
5

Langston Hughes Elementary School

Public | PK - 5
5

George Washington Carver Institute

Public | PK - 5

Middle Schools 17

9

Science Park High School

Public | 7 - 12
8

Glen Ridge High School

Public | 7 - 12
7

Great Oaks Charter School

Public | 6 - 9
6

East Orange STEM Academy High School

Public | 6 - 12
6

John H. Walker Middle School

Public | 7 - 8
5

Cicely L. Tyson Community Middle/High School

Public | 6 - 12
5

Arts High School

Public | 7 - 12
4

American History High School

Public | 6 - 12
4

Washington Middle School

Public | 6 - 8
4

Belleville Middle School

Public | 7 - 8
3

Universiy Middle School

Public | 6 - 8
3

Glenfield Middle School

Public | 6 - 8
3

John L. Costley Middle School

Public | 6 - 8
3

Sojourner Truth Middle School

Public | 6 - 8
2

Merit Preparatory Charter School of Newark

Public | 6 - 7
1

Patrick F. Healy Middle School

Public | 6 - 8
0

St Benedict's Preparatory School

Private | 7 - 12

High Schools 20

10

Technology High School

Public | 9 - 12
8

Bard Early College High School

Public | 9 - 12
6

North 13th St Tech

Public | 9 - 12
6

Bloomfield Tech

Public | 9 - 12
5

Newark Tech

Public | 9 - 12
5

Nutley High School

Public | 9 - 12
4

Bloomfield High School

Public | 9 - 12
4

Harrison High School

Public | 9 - 12
3

People's Preparatory Charter School

Public | 9 - 11
2

Newark Vocational High School

Public | 9 - 12
1

East Orange Campus High School

Public | 9 - 12
1

West Side High School

Public | 9 - 12
1

Central High School

Public | 9 - 12
1

Barringer High School

Public | 9 - 12
1

Paulo Freire Charter School

Public | 9 - 10
1

Newark Preparatory Charter School

Public | 9 - 10
1

Belleville High School

Public | 9 - 12
0

Career and Innovation Academy of Orange

Public | 9 - 12
0

Immaculate Conception High School

Private | 9 - 12
0

Newark Bridges High School

Public | 9 - 12

School and business data provided by Attom Data.

Patty Ploykrachang

Agent

+1(201) 989-4632

Patty Ploykrachang

65 Grove St Bloomfield Twp., NJ 07003

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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65 Grove St